UPC Wind’s Renewable Energy Project Up in Utah

Completion of a 20-year 200-megawatt (MW) power purchase agreement (PPA) with the Southern California Public Power Authority (SCPPA) and enactment of SB 223 are milestones for the development of Utah’s largest wind farm, UPC Wind’s Milford Wind Corridor project.

One of the key bills signed into law last week by Governor Huntsman, SB 223, provides tax credit incentives for residential and commercial renewable energy systems. The Milford Wind Corridor project with its proposed 80 wind turbine generators will be one of the first and the largest renewable energy facilities in Utah to benefit from this legislation. Upon its anticipated completion in December 2008, the facility will contribute significant property tax revenues and royalty payments to landowners while diversifying the employment base within both Millard and Beaver Counties where the proposed site is to be located. “SB 223 will provide economic development opportunities to rural Utah and demonstrates that Utah is friendly to renewable energy investments and industries,” said Senator Howard Stephenson (R-District 11), who sponsored SB 223 and serves as President of the Utah Taxpayers Association. “Most importantly it will provide a major increase in the tax base in those two counties, which will benefit education.” Building on these milestones, UPC Wind will now move forward with a NEPA review of the project led by the Bureau of Land Management. During this process, UPC executives will work closely with state and local officials and engage other key stakeholders during the permitting process. UPC Milford Wind Corridor, LLC is the Utah project development affiliate of UPC Wind, which is based in Newton, Massachusetts, with offices in Maine, Vermont, New York, Pennsylvania, Oregon, California, and Hawaii.

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